(Salem) Salem complete technical analysis [charts+indicators] | Buy/Sell Salem | (Salem) share price targets
Complete technical analysis of Salem (Salem) by charts plus indicators, forecast predictions and share price targets for Salem (Salem)
Showing technical analysis as on 2024-05-23 View latest technical analysis
10 day averaged volume of Salem is 50015
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 75.61 | 79.99 | 80.79 | 73.21 | 0.609 times |
| 22 Wed May 2024 | 79.98 | 81.90 | 82.78 | 76.30 | 4.4 times |
| 21 Tue May 2024 | 75.47 | 75.47 | 75.47 | 70.01 | 2.721 times |
| 18 Sat May 2024 | 68.61 | 68.61 | 68.61 | 68.50 | 1.459 times |
| 17 Fri May 2024 | 65.35 | 64.00 | 65.35 | 64.00 | 0.611 times |
| 16 Thu May 2024 | 54.46 | 45.40 | 54.46 | 45.40 | 0.734 times |
| 15 Wed May 2024 | 45.39 | 45.65 | 45.65 | 43.62 | 0.043 times |
| 14 Tue May 2024 | 43.66 | 44.90 | 44.90 | 43.61 | 0.001 times |
| 13 Mon May 2024 | 44.90 | 45.65 | 45.65 | 44.00 | 0.009 times |
| 10 Fri May 2024 | 44.70 | 44.98 | 45.40 | 42.00 | 0.022 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 79.6, for a target of 64.8 or 52.42
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 39.80 |
| Downside Target | 42.00 |
| Downside Target | 44.54 |
| Downside Target | 46.99 |
| Downside Target | 49.00 |
| Downside Target | 50.70 |
| Downside Target | 52.90 |
| Downside Target | 55.00 |
| Downside Target | 68.61 |
| Downside Target | 70.01 |
| Upside Target | 82.78 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 69.49 |
| Downside Intraday Target | 63.36 |
| Upside Intraday Target | 82.26 |
| Upside Intraday Target | 88.9 |
| Upside Intraday Target | 76.13 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 75.61 | 75.47 | 82.78 | 70.01 | 2.706 times |
| 18 Sat May 2024 | 68.61 | 45.65 | 68.61 | 43.61 | 49.941 times |
| 10 Fri May 2024 | 44.70 | 44.00 | 45.90 | 42.00 | 1.037 times |
| 03 Fri May 2024 | 44.54 | 46.99 | 46.99 | 44.54 | 0.583 times |
| 26 Fri Apr 2024 | 44.42 | 45.00 | 49.00 | 43.20 | 1.666 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Salem (Salem)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 75.61 | 46.00 | 82.78 | 42.00 | 27.188 times |
| 30 Tue Apr 2024 | 45.03 | 50.00 | 52.90 | 42.80 | 0.501 times |
| 28 Thu Mar 2024 | 44.60 | 50.90 | 55.00 | 42.00 | 0.302 times |
| 29 Thu Feb 2024 | 50.00 | 47.40 | 55.00 | 45.40 | 1.344 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Salem (Salem)
Price action analysis of Salem ( (Salem) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Salem ( (Salem) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Salem ( (Salem) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Salem ( (Salem) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Salem stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Salem in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Salem Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Salem in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Salem is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 74.15 and Salem (Salem) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Salem (Salem) stock. Volume based technical analysis of Salem (Salem) stock is negative.
Salem Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Salem ( (Salem) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Salem ( (Salem) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Salem ( (Salem) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Salem ( (Salem) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Salem stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Salem in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Salem Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Salem in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Salem is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 74.15 and Salem (Salem) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Salem (Salem) stock. Volume based technical analysis of Salem (Salem) stock is negative.
Salem Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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